LYTUS TECHNOLOGIES HOLDINGS PTV LTD UNDERWRITING AGREEMENT 2,609,474 Common SharesUnderwriting Agreement • June 23rd, 2022 • Lytus Technologies Holdings PTV. Ltd. • Services-computer processing & data preparation • New York
LYTUS TECHNOLOGIES HOLDINGS PTV LTD, a British Virgin Islands corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the underwriters named in Schedule I hereto (the “Underwriters,” or each, an “Underwriter”), for whom Spartan Capital Securities, LLC is acting as representative (the “Representative”), an aggregate of 2,609,474 authorized but unissued common shares, par value $0.01 per share, (the “Common Shares”) of the Company (the “Firm Shares”). The Company also proposes to sell to the Underwriters, upon the terms and conditions set forth in Section 4 hereof, up to an additional 391,421 Common Shares (the “Option Shares”). The Firm Shares and the Option Shares are hereinafter collectively referred to as the “Shares” or the “Securities”.
Form of Lock-Up AgreementLytus Technologies Holdings PTV. Ltd. • June 23rd, 2022 • Services-computer processing & data preparation
Underwriters’ Warrant AgreementUnderwriters’ Warrant Agreement • June 23rd, 2022 • Lytus Technologies Holdings PTV. Ltd. • Services-computer processing & data preparation
THIS WARRANT TO PURCHASE COMMON SHARES (the “Warrant”) certifies that, for value received, ____________or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after December 17, 2022 (the “Initial Exercise Date”)1 and, in accordance with FINRA Rule 5110(f)(2)(G)(i), prior to at 5:00 p.m. (New York time) on June 17, 20272 (the “Termination Date”), but not thereafter, to subscribe for and purchase from Lytus Technologies Holdings PTV. LTD., a British Virgin Islands corporation (the “Company”), up to ____________ common shares, par value $0.01 per share (the “Common Shares”), of the Company (the “Warrant Shares”), as subject to adjustment hereunder. The purchase price of one Warrant Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
